DAILY CHART for BITB / USD (( BEAN / USD ))
Bitbean is going to rebrand to Bean Cash (BEAN) and that event may push the price to cross over the expected breakout level (black line). Once it crosses the price will start to rise to test previous ATH. If it manages to cross over that ATH the logical thinking is that will try to double the price from the previous ATH...
XBTUSD is consolidating at 5250-5300 for last couple of days. It seems ready for a drop to 5070-5100 by tomorrow. After this, it should move upto 5300 resistance, and break it between 29th April to 5th May.
Detailed reasons on why I think so is on my Telegram channel with the name: SwapnilTradeIdeas
We had a great rise earlier this month! After the big price increase we fell down a bit.
Also 10th of April a lower high. As you can see, we moved down in a descending triangle. (Red triangle)
As you can see now Reddcoin broke out of the descending triangle today 18th of April!
As you can see we are now in an ascending triangle (blue triangle).
As you can see gold in h4 chart it is on its major resistance and market has lost it's bullish momentum ready to come down use money management and divide lot into several parts each with variety of TP's
EUR/USD is currently on it's major support and failed to break it after multiple attempts
support level is repelling the market up but it is facing some minor resistances that are pushing it down as bullish move has not gained momentum yet
Pair has formed double bottom and is now expected to go up and show large bullish move